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University of Edinburgh
CEO acquisition selectivity skill, corporate takeovers, abnormal returns, post-merger efficiency gains, investment (in)efficiency
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acquirers’ gains, asymmetric information, earnout contracts, initial payment in earnout deals
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cross-border acquisitions (CBAs), first-time CBAs (FTCBAs), multinational corporations (MNCs) and enterprises (MNEs), contingent earnouts, event study
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acquirer idiosyncratic stock return volatility (sigma), earnouts, information asymmetry, propensity score matching (PSM), risk‐adjusted returns
